Construction Drawdown definition

Construction Drawdown means a Drawdown under the Construction Facility or the Contingent Facility (as each such term is defined in the Credit Agreement).
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Examples of Construction Drawdown in a sentence

  • Borrower has executed this Construction Drawdown Certificate as of the date hereof.

  • Delivery of a Construction Drawdown Certificate dated not less than five Business Days prior to the date of the proposed Borrowing in the form of Exhibit I, certified by an Authorized Officer of the Borrower with required attachments thereto, including a Construction Report and description of Project Costs incurred to date, together with a certificate of the Independent Engineer in the form of Exhibit J dated the date of the related Construction Drawdown Certificate.

  • A copy of the Construction Drawdown Schedule prepared by Agent, which reflects Agent's best estimates as to the amount and timing of construction drawdowns at the time delivered.

  • Amounts transferred to an Operating Account for the payment of Project Costs which are not, for any reason, applied to the payment of Project Costs pursuant to the Construction Drawdown Certificate pursuant to which such amounts were transferred, shall be retained in such Operating Account for application to the following month's Project Costs in accordance with Section 7.1.

  • Please liquidate investments held in the [Name of Account] under the Depositary Agreement in an amount sufficient to yield proceeds of $_____________, to be used for the payment of [________ costs] as set forth in the [Construction Drawdown Certificate] [Turbine Purchase Drawdown Certificate] [Disbursement Requisition] [specify any other purposes for the withdrawal], attached hereto as Schedule 1.

  • Attached hereto at Tab 17 is a copy of the Construction Drawdown Schedule prepared by Agent, which reflects Agent's best estimates as to the amount and timing of construction drawdowns on the date of this Initial Advance.

  • Each Nomination Request delivered under this Section 2.1(a) shall specify the requested date of the Equity Nomination, which shall be no later than the Requested Construction Drawdown Date applicable thereto.

  • Should COUNTY elect to proceed with this lease and instruct LESSOR to commence permit finalization and construction as recited in Section 26.1.1(a), LESSOR shall be entitled to payment and reimbursement for all costs and expenses incurred during the course of constructing the improvements to the Premises from the Construction Drawdown Fund recited in Exhibit E by submitting draw requests to the COUNTY on a monthly basis in accord with Exhibits C, D and E of this lease.

  • If Seller has not furnished Buyer such written representation by the Construction Drawdown Date, Buyer's obligation to provide the letter of credit shall be suspended until five (5) Days following Buyer's receipt of Seller's written representation.

  • This certificate (this “IE Drawdown Confirmation Certificate”) is delivered to you in connection with [Section 3.2(b)(i) of the Depositary Agreement] [Section 3.3(b)(iv) of the Depositary Agreement] and in connection with the Construction Drawdown Certificate delivered 1 IE Drawdown Confirmation Certificate must be delivered at least three (3) Business Days prior to the requested Construction Disbursement Date.